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SRG Graphite Inc.
Summary
| Project: | Lola | |
|---|---|---|
| Deposit: | Lola | |
| Location: | Guinea | |
| Commodities: | Graphite | |
| Date: | 2/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-2-2018: SRG Graphite Inc. announces a Resource Estimation report for its Lola deposit at the Lola project. Initial Mineral Resource statement for the Lola project. The Lola Graphite Project is 100 % owned by SRG Graphite Inc. (“SRG”). The Lola Graphite | |
| Resources: | ||
| CP/QP: | [Resources]: Ghislain Deschenes (DRA Global) | |
| ABSTRACT: | The Lola Graphite Project is 100 % owned by SRG Graphite Inc. (“SRG”). The Lola Graphite occurrence is located near the town of Lola in south-eastern Guinea, 1,000 km from Conakry, the capital of the Republic of Guinea. The occurrence is within 50 km from the border with Côte d’Ivoire and located 3.5 km West of the town of Lola. The Republic of Guinea (French: République de Guinée), is a country in West Africa, bordered by Liberia and Sierra Leone to the South, Côte d’Ivoire and Mali to the East, Senegal and Guinee Bissau to the North and to the West (Figure 5.1). Formerly known as French Guinea (French: Guinée française), the modern country is sometimes referred to as Guinea-Conakry in order to distinguish it from other parts of the wider region of the same name, such as Guinea-Bissau and Equatorial Guinea. Guinea has a population of 10.5 million and an area of 245,860 square kilometres. Guinea gained its independence from France in 1958. The Property, located within the department of Lola, was initially formed by four (4) exploration licenses, (Permit de Recherche) globally named Permit de Recherche 4543, shaping a rectangular form of 27.9 km by 13.7 km in size for a cumulative total of 380 km2 . The Property was renewed on August 29th, 2016 for two (2) years and according to legislation, the surface area was reduced by approximately 50 % from 380 km2 to 187 km2 . | |
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